Ultimate Forex Trading Session

The forex market is open 24 hours a day, but that does not mean that transactions can always be carried out continuously. Money making opportunities are when the market trend is moving up or the market trend is moving down. But will have difficulty when the market trend does not move at all (consolidation).

The forex market as it is known is divided into three market sessions:

Asian Session (Tokyo)

European Session (London)

US Session (New York)

The forex market is viewed as highly functional or dynamic during these three trading times as large banks, institutions, and retail traders operate. Keeping track of the specific times of each trading session will help traders develop their trading strategies around this data.

Main Market Session Time (GMT)

USA New York 13:00 - 22:00

Asia Tokyo 00:00 - 09:00

London EUROPE 08:00 - 17:00

Asian Trading Session

Tokyo was the first forex trading session to open, and a number of market participants are using the trading momentum in Asia to develop traders' strategies and use it as a gauge for future market dynamics. About 6% of the world's forex transactions are created during the Asian trading session.

The liquidity attack emanating from London can powerfully increase the 'hourly moving average' of a major currency pair like EUR/USD.

US Trading Session

New York is the second largest forex trading market, handling about 16% of the world's forex transactions. Many transactions in New York occur during the overlapping US/European session, with transactions slowing as liquidity evaporates and European traders exit the forex market.



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